The crash also comes amid news that the token has been listed on yet another cryptocurrency exchange gat.io.

Litecoin (LTC) is The Day’s Winner

On the other hand, Litecoin (LTC) has managed to gain as much as 30 percent of its value at the time of this writing. The cryptocurrency is currently trading at $42.82 according to data from CoinMarketCap.

The sudden positive spike in the value of Litecoin followed a recent announcement of Charlie Lee that the team will be working towards enabling Confidential Transactions.

Per the announcement, both teams have started exploring the possibility of adding both privacy and fungibility to LTC. This will be facilitated by on-chain conversion of regular LTC to a Mimblewimble variant of the cryptocurrency and vice versa. Supposedly, this will enable the complete confidentiality of transacting “Mimblewimble LTC.”

What do you think of the current decline in the price of BTT? Share your thoughts down below!